$93 billion

[seahooker]

in loans, many un-vetted, made in President Biden's last 76 days in office.

VIDEO: Sen. Kennedy Shocked by Joe Biden's Rushed Loan Approvals Worth $93 Billion

[D2D]

Yep, a giant money laundering operation!

[D2D]

Democrats view wasting money as a virtue!

[wvit1001]

more accusations without anything but bs to back them up.   

[D2D]

How would you know?

You never read or view what is posted, nor follow the links provided!

[wvit1001]

so nothing to back up the claims then?   hahahahahahaha

[seahooker]

“And during that short period of time, 76 days, how much taxpayer money went out the door of the Department of Energy?” Kennedy said, to which Wright replied, “From the loan program office, in loans and commitments, $93 billion dollars. Well over twice as much as in the previous 15 years.”

[D2D]

Democrats value corruption the most!

[Truman62]

About 44% of the LPO financing announced under Biden — nearly $47 billion — is currently in the conditional phase, meaning it’s unfinalized and still subject to negotiations with the federal government. A big question mark hangs over these conditional loan commitments, though even finalized loans could be targeted for clawbacks, experts say.

The LPO, which awarded key financing to Elon Musk’s Tesla in 2010, saw its lending authority soar to nearly $400 billion thanks to the 2022 Inflation Reduction Act. As of January 17, the office reported that over 160 applicants were currently seeking more than $200 billion in loans for various energy projects.

Sneed intends to focus the office’s remaining loan authority on technologies like nuclear power and liquefied natural gas, Bloomberg reported, technologies favored by Trump’s newly confirmed Energy Secretary Chris Wright. Wright is the founder and former CEO of fracking firm Liberty Energy and sat on the board of small modular nuclear startup Oklo. Liberty also invested $10 million in next-gen geothermal startup Fervo Energy under Wright’s tenure.


Not sure if Kentucky, Tennessee, Georgia, Texas, etc... would appreciate you taking their LOANS away.

Here's every Biden-era energy loan — now all under… | Canary Media

[wvit1001]

Approximately 40% of the $31 billion disbursed by the U.S. Department of Energy's loan programs has been repaid. This includes both principal repayments and interest payments. Specifically, in fiscal year 2023, borrowers repaid $556 million in principal and $484 million in interest. The program has also generated revenue through interest payments, totaling $533 million in the fiscal year ending September 30, 2021.

The Department of Energy announced in May 2025 that Ultium Cells LLC fully repaid its $1.8 billion loan, with interest, nearly seven years ahead of schedule.

https://www.hklaw.com/en/insights/publications/2025/04/status-and-outlook-for-the-us-department-of-energys-loan-programs#:~:text=When%20executed%20properly%2C%20as%20it,energy%20at%20minimal%20taxpayer%20expense.

[DaBoz]

Corrupt to the core

[D2D]

As you can see, Democrats are now posting extraneous crap having nothing to do with the subject of this thread!